1928-01-31 — Page 2

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I

THE HONGKONG TELEGRAPH,

CATHEDRAL MEETING.

DISCUSSION ON PEW RENTS.

TUESDAY, JANUARY 31, 1928.

POLICE RAID.

THIRTEEN CHINESE

ARRESTED.

the

men

COMPANY REPORTS.

WATERBOAT COMPANY'S

GOOD PROFIT. ⠀⠀

THEATRE R

ROYAL

W. R. BANYARD

presente

THE BANVARD MUSICAL COMPANY

To a Short Season,

Commencing Monday, 6th February, 1928. nt 9'15 p.m.

MONDAY, 6th Feb. TUESDAY, 7th Feb. THE GAIETY & DALY'S

WEDNESDAY, 8th Feb, THURSDAY, 9th Feb.--

“KATJA THE DANCER

by arrangement with Daly's Theatre. THEATRE LONDON SENSATIONAL SUCCESS.

“QUEEN HIGH”

The annual meeting of seathold-

Thirtoon Chinese, the majority of The report for presentation ta mrs and subscribers of St. John's whom were market fokis, wore the shareholders at the twenty Cathedral was held at the Cathe charged, but remand, before Major third ordinary annual meeting of dral Hall last ovaning, thore being

Willson

Central the Union Waterboat Company, a fair attendance, with the Right Magistraex yesterday afternoon, Ltd, to be held at the Company's Revd. C. R. Duppur, Bishop of Vic with unlawfully assembling together office on Tuesday, 7th February 23 LONDON ARTISTES-ALL NEW TO THE EAST 23 toria in the chair, supported by the at No. 8 Victoria Street, at 9.15 at 11 a.m. states: Vory Revd. Alfred Swann, D.SC. p.m. on the 17th instant.

The General Managers have M.A. Others presont included the The ovidence of the police was to now the pleasure to submit their RavdHY.Koop, M.C., Messrs. the offect that the T. H. King, T. G. Weall, P. S. Cas-arrested during a police raid in the the Company's accounts made up annual report and statement of sidy, (Hon. Treas), WaJackson, C. first floor of No. 8 Victoria Stroot Blaker (Hon. Sec.), Lieut. Cpl. On the person of the Grat defendant to 81st December, 1927. Hayley Bell, D.8.0., Sir Henry and certain papers were found which The profit for the year, after Lady Pollock, Mr. Owen Hughes, led to other charges against this writing off depreciation, and in- Dr. Sanders and a number of the man of being a member of an cluding balance brought forward aimounts to congregation.

unlawful society and of being in from last account, Addressing the meeting, the possession of unlawful literature, $63,508.22 which the Consulting Dean dwelt on the various heads. Mr. J. A. Gordon Leask, appear-Committee recommend applying as of the agenda which was to be ing for the first defendant, sub- follows:***** brought up before the meeting,mited that the papers had an in- Transfer to Insurance- with special reference to the aboli nocubus meaning, being merely -Fund tion of pew rents. He was worried extracts from a well-known Chinese Transfer to Special Re

@pairs Account at the small attendance at the cont various services, and would like to Replying to his solicitor, first To pay a dividend of see the cathedral made more of a defendant also said that during the $1.25 per share

strike of 1022, he was intimidated 27,723 shares which house of prayer during the week.

As to the functions of the and was stabbed twice when he re-

will absorb Church body, he thought that with fused to quit a position ho hold To pay a bonus of 25 the many sections of the com- then with Messrs, Showan, Tomea munity represented thereon, they

Carry forward to 1928 would be of great value in mak ing recommendations to the elergy and the council.

was now a barboy in the canicou at Volunteer Headquartors.

Latterly, attempts were made to induce him to join a society. When He was entirely in favour of the assaulted with an iron bar by the abolition of now rents, as nothing intimidators, he had carried a com was more harmful to the spirit of plaint to the Police Station but no warm welcome and good fellow heed was taken by the Inspector, ship than the right of individuals who viewed it as merely a street to certain seats. Good followship fight in which the defeated, side was could not exist where there was accking the aid of the law."

Mr. D. McCallum also appeared exclusiveness.. He hoped, that the meeting would approve the prin- for another defendant. ciple of abolition.

The case was adjourned until to morrow afternoon.

LOCAL MINING.

centa

on

$ 5,000.

20,000.

34,058.75

6,990.75 0,918.74

$ 63,503...

Consulting Committee: Since the last meeting, the Hon. Mr. A. O. Lang and Mr. C. F. J. Quarles van Ufford have resigned, and Messrs. C. G. S. Mackle and C. de Bruyn have been invited to jola the Committee,

Auditors: The accounts under review have been audited by Mcaara. Linstead and Davis, Char- tered Accounts, who retire and boing, eligible offer themselves for re-election....

HONGKONG LANDS.

Net Profits Exceed Million Dollars.

The report of the Hongkong Land Investment and Agency Co., Ltd., for the General Meeting to be held at the oflices of Messrs.. Jardine, Matheson and Company, Limited, at 12.30 p.m. on Thurs day, February 0, states:

Mr. P. 8. Cassidy presenting the reporis for the year, explained certain items fo tho necounts. An outstanding feature of the year's working was the excess of expenditure over Income, leaving DEVELOPMENT OF THE NEW

TERRITORIES. a deficit of $3,160.81, compared with the surplus of 1926, of $11,-. The formal flotation will take 061.78. This was accounted for place on Thursday, by the issue largely by decreased interest and of the prospectus, of the Oriental heavy payments for passages. Mining Options, Limited, which The adoption of the accounts has been formed for the purpose was seconded by Mr. Owen Hughes of investigating the possibilities and passed unanimously, after of iron mining at Ma On Shan, In discussion as to the appointment the New Territories, and also to of a profcasional firm of auditore, handle several other mining pro- with an Hon. Overseeing Treasurer, jects. Messrs. Lowe Bingham and Mat

The Company will have an au- thews were voted in as account-thorised capital of $200,000 in shares of $1 each, and it is pro posed to lasud 100,000 of these at The election of the Church Body the outset 50 cents to be paid was then proceeded with and re-on application and the remaining sulted as follows:-The Bishop of 50 cents to be paid on allotment. Victoria; The Dean; The Assistant Most of the proposed issue has Chaplain; Measra. T. W. Ains- already been promised.

The Net Profils for the year, worth, W. L. Pattenden W. Jack- The Board of Directors is com- after providing for all Directors' son, C. Blaker (Hon. Sec.), P. S. posed of Mr. N. V. A. Croucher, and Auditors fees amount bo Cassidy (Han, Trens). Lt. Col. Mr, Kan Ying-po and Mr. T. G.$1,005,227.66 which, with the Hayley Bell, D.S.O., Mr..F. Mason, Blakey (mining engineer) who amount brought forward from last A.RCO., LT.C.L., (Organist). will be Managing Director. The year $895,991.82 gives an amount The voting for the Church Coun-hankers are the Hongkong and available for division of cil resulted as follows:-Lady Pol Shanghai Banking Corporation; $1,901.219.48. lock, Mra. T. Creasy, Miss Atkins, the solicitors are Messrs. Johnson, Mrs. F. Hayley Bell, Miss B. Pope, Stokes and Masters; and the bro- Miss Mow Fung, Messrs. W. L. kers are Messrs. Benjamin and Pattenden, E. G. Stewart, G. S. Potis.

ants.

Church Body and Council,

Gentlemen,The Directors have now to submit to you a General Statement of the affaira of the Company, and Balance Sheet for the year ending 31st December,! 1927.

1.

From this amount an Interim Dividend of $2.00 per share on 240,000 shares ($480,000.00) has already been paid leaving a ba

Zimmern, B. Randall, A. Cheung, The Company will not only han-lance of $1,421,291,48 available L. A. R. Duncan, F. Mason, A. Hop-file the Ma On Shan scheme, but for appropriation which it is pró- per, T. W. Ainsworth, and Revd. will investigate and handle other posed to deal with as follows: G. F. Stopford, the body having mining options, the working of a To pay a Final Dividend power to co-opt.

concession on a near-by coal mine Discussion then continued with being among the prospective ac- reference to the abolition of new tivitles.

rents.

Mr. Cassidy pointed out that adopted might be tried out. He this matter was really involved in was generally in favour of retain- legality, and it might be that the ing the present system of pow law would have to be invoked be-rents..

fore an alteration in existing con- The Rovd, Swann quoted the ex- ditions could be made. The meet-nerience of cathedrals at Home, ing was called upon for an expres-where visitors have at one time been sion of opinion only, although it charged admission. Since such was pointed out that the abolition admission fees had been abolished, of pew rents would mean a definite there had been a greater return by Joss. On the other hand. the free-donations.

of $2.00 per share.. $480,000.00. To pay a Bonus to Staff 8,000.00

To carry forward to a new Profit and Loss Account .................. 933,219.48

$1,421,219.48

Directors. Mr. J. E. Joseph having been invited to join the Board, this appointment now re- quires confirmation.

Mr. A. H. Compton and Sir Ro- bert Ho Tung now retire by rota- tion and being eligible offer them-

ing of news might possibly result Subsequent to arguments for selves for re-election. in an additional revenue. Circu-land- against, Mr. Jackson put it to

Auditors. The Accounts have lars had been sent out relative to the meeting as a motion, that as a been audited. by Messrs. Percy the matter, but only 58 replies had matter of principle they were in

Smith, Seth and Fleming, and been received from the entire total favour of the abolition of pew Messrs. Linstead and Davis, who of Cathedral pew holders.

rents, this being passed by 18 Colonel Hayley-Bell epoke feel-votes to one. A further proposal now retire and offer themselves ingly on the subject of the atten-that the Church Body should take dance of service men, who usually action on the legal side in respect Alled the church In the evenings, of this matter was passed unopl-.. He thought it might be better that mously.BAN other methods of ascertaining TubThe Church Body then went into lie opinion, than those, already Committee,

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►

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